Buyers Frequently Asked Questions

A pre-qualification is a discussion between the buyer and a lender to determine the buyer’s income, credit and assets.  A pre-approval letter is given to the buyer when the lender runs the buyer’s credit and verifies their income and assets.  The letter defines the loan amount you are approved for.  Traditionally, sellers prefer buyers who have been pre-approved since the pre-approval is stronger.  The letter is good for 120 days, so once you obtain the letter it is a good idea to start working with a Realtor immediately!  Once you have the letter do not make large purchases or you risk the loan falling through during closing.

We can recommend several lenders, people who we have worked with in the past and are comfortable recommending.  Alternatively, you are more than welcome to find a lender yourself.  Ask about the different loan types, discount points, how long the approval process will take, and for all fees.

Once we know your needs and wants we will send you messages of listings via e-mail, text or phone call, whichever medium you prefer.  Home viewings will be arranged for properties you choose.  We will complete a Comparative Market Analysis and let you know if the home is accurately priced.

We will draft a contract that lists all terms and present it in a way that will give you an advantage over another offer.  Terms include the price, estimated closing date, closing costs, and other terms of the sale.  The seller may accept, counter or decline the offer.

For peace of mind, we suggest you hire a Certified Home Inspector who will provide an independent review of the home.  The Home Inspector will look for damages, needed repairs and will check all systems of the home.  You will need to apply for the mortgage and hire a real estate lawyer.

We will be the liaison between you, your financial advisor and lawyer.  Throughout the process we will keep you updated so you can have peace of mind!

Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit.

  • Single family homes
  • Multi-unit properties
  • Apartment complexes
  • Commercial properties